Geology & Geophysics ///

Saturn Oil & Gas Inc. increases land position and provides operational update

Saturn Oil & Gas Inc. has successfully bid on certain targeted parcels at the recent Crown land sale, earlier this month.

Oil majors offload Gulf of Mexico fields to hunt bigger finds

Big Oil is giving up looking for singles and doubles in the Gulf of Mexico: Now it’s home runs or bust.

TGS, Schlumberger announce new multi-client nodal seismic project

TGS and Schlumberger today announced a new multi-client nodal seismic project in the U.S. Gulf of Mexico.

Ikon Science to release latest in reservoir monitoring

Ikon Science announce that RokDoc 6.6 is to be released during the SEG 2018, including the launch of a new RokDoc 4D Reservoir Monitoring product. This release demonstrates Ikon’s continuing focus on enabling E&P companies to improve efficiencies, reduce costs and maximize ROI.

Dow Microbial Control introduces new winterized water treatment microbiocides

Providing the market with a cold-weather solution, Dow Microbial Control, a business unit of DowDuPont Specialty Products, has launched two new products within its AQUCAR Water Treatment Microbiocides portfolio.

Innovative thinkers

Emily Querubin, World Oil

John Costagna: Fostering the industry’s human intelligence

Decline rates from maturing oil wells in the Permian are on the rise

Oil producers in the Permian basin and elsewhere could soon find themselves facing the oilfield equivalent of trying to walk up the down escalator.

LMKR releases updates to GeoGraphix and GVERSE field planner

LMKR announced the release of GeoGraphix 2017.3, the latest upgrade to the GeoGraphix software that comes with extensive updates focused on increasing productivity.

Equinor confirms Norwegian oil discovery, more than doubling Norne reserves

Equinor has, together with partners Eni and Petoro, completed the appraisal well on the Cape Vulture discovery from 2017. The well confirms a volume potential of 50-70 MMbbl of recoverable oil. The discovery more than doubles the remaining oil reserves to be produced through Norne field.

Talos Energy gets approval for Zama appraisal plan

Talos Energy Inc. has announced the Mexican oil & gas regulator, the National Hydrocarbons Commission (CNH) has approved the appraisal plan for the Zama discovery.

DEA Norge strikes out west of Wisting discovery, in the Barents Sea

DEA Norge AS, operator of production license 721, has concluded the drilling of wildcat well 7321/4-1. The well is dry.

Angus Energy begins RNS Balcombe 2Z well test

Angus Energy plc, a UK conventional oil and gas production and development company, has announced that the flow test of the horizontal well, Balcombe-2z, has commenced.

Halliburton introduces advanced wireline logging sensor

Halliburton Company has released the Xaminer Magnetic Resonance (XMR) Service, the industry’s only high pressure rated (35,000 psi) downhole sensor that provides comprehensive nuclear magnetic resonance measurements to improve reservoir insight.

Total announces positive appraisal of A6 Block discovery, offshore Myanmar

Total announces a successful appraisal of the A6 Block, Shwe Yee Htun-2 discovery, offshore Myanmar, completing a major step towards confirming a commercial project. The well was drilled to a final depth of 4,820 m and encountered 40 m of net gas pay in a high-quality reservoir.

Total reports major gas find offshore UK

Total announces a major gas discovery on the Glendronach prospect, situated offshore UK, West of Shetland.

Schlumberger launches new zonal isolation technology

Schlumberger has launched the CemFIT Shield mud-sealing cement system at the Society of Petroleum Engineers Annual Technical Conference and Exhibition (SPE ATCE).

New products and services

Michele Cowart, World Oil

Weatherford International introduced its Rotaflex long-stroke pumping unit that improves artificial lift efficiency in deep, high-volume and high gas-to-liquids wells.

QI can be helpful for drilling decisions in unconventional plays

Phil Wild, Lev Vernik, Ikon Science

Quantitative interpretation (QI) is applied routinely to conventional reservoirs. By using rock physics and the construction of a workflow, QI can be a viable proposition for making drilling decisions in unconventional reservoirs, as well.

TGS announces new multi-beam, seep study project in the MSGBC basin

TGS has announced its first regional offshore MSGBC SeaSeep Project in the Northwest Africa Atlantic Margin.

Ecuador holds open licensing round for eight onshore blocks

Carlos Pérez Garcia, Minister of Energy and Non-renewable Resources in Ecuador has announced an open licensing round for eight blocks onshore Ecuador, in Sucumbíos Province. These comprise: Araza Este, Changue, Iguana, Perico, Espejo, Pañayacu Norte, Charapa and Sahino.